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Why is Depreciation Expense added back in the Statement of Cash Flows? Group of answer choices Depreciation is a source of financing cash for firms
Why is Depreciation Expense added back in the Statement of Cash Flows?
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Depreciation is a source of financing cash for firms
It was subtracted in the Income Statement even though there was no associated cash flow
It is included on the Balance Sheet as a deduction from assets even though it is an artificial measure
It represents a flow variable and therefore must be included
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Survey of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
1st edition
1119330025, 978-1119444244, 1119444241, 978-1119306474, 1119306477, 978-1119330028
